Whale sweeps 4,599 ETH in 24 hours, still aggressively adding 20x shorts in the futures market

【ChainNews】On-chain data shows that a large whale has been疯狂 buying Ethereum in the past 24 hours, accumulating a total of 4599 ETH, spending around $13.2 million.

Interestingly, half of this purchase comes from the futures platform — just from two platforms alone, they bought 2249 ETH (worth $6.54 million). But this guy isn’t just bullish on spot: simultaneously, they significantly increased their ETH short positions by 20 times on both platforms.

Buying heavily on the spot market while shorting on leverage — this kind of operation usually indicates two things: either a sophisticated risk hedging strategy or planning a bigger trade. Such whale behavior often serves as a leading indicator of market trends and is worth paying close attention to.